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If you have any questions about the PRI Makers Network website or your username/password, please contact Shiho Fuyuki. | |
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What's New at the Network
Expanding the Philanthropic Tool Box
Our September 8 webinar, Introduction to PRIs, featuring Ed Diener (Skoll Foundation) and Caryn Sachs (Sachs Foundation) had a great turnout. Thank you to everyone who participated! Sign up today to join Ed and Caryn for our September 22 webinar, Getting Started. Additional webinars will be held on October 6 and 20; all webinars are from 9:30 - 10:30 a.m. PT/12:30 - 1:30 p.m. ET. Free for Network members. REGISTER NOW
Early-Bird Rate Available for the PRI Institute in St. Paul
Don't miss out - early-bird member pricing of $1,500 for the Network's November 10 - 12 PRI Institute in St. Paul ends October 1, and registration is limited to 30 participants. The Institute is an intensive training designed for foundation staff and trustees who are engaged in or planning to use PRIs to achieve philanthropic goals. Many thanks to Network member Northwest Area Foundation for hosting the Institute! REGISTER NOW |
Questions about PRIs?
Visit our e-networking page to see answers from Dana Pancrazi, senior program officer at The F.B. Heron Foundation, to recently posted questions about PRIs. To participate in the discussion, log in and click on Join the Discussion to add a comment, or submit your own question!
Collaborate With Other Funders via the Deals Clearinghouse
The Deals Clearinghouse is a tool enabling Network members to share information about investment opportunities. Members can learn about innovative projects and post information about investments they are making that need additional support. Current listings include:
E+Co "People and Planet" NotesOver a five-year period, E+Co will invest $190 million of services and capital so that businesses in Africa, Asia and Latin America can deliver modern energy to 17 million people and offset 16 million tons of carbon. This investment is expected to mobilize over $1 billion of additional capital for local clean energy businesses.
Oregon Housing Acquisition Fund
The Fund will preserve and create affordable rental and homeownership opportunities for 25,000 Oregonians and includes innovative green building elements.
India Finance Energy Company
This Company is targeting small-scale energy projects in communities across India, including solar, biomass, biogas and small hydro. It is seeking to provide $500 million of debt financing by 2015, and help five million poor households to access modern energy.
Village at Market Creek Social Enterprise Program
Located in San Diego, the Village is a comprehensive approach to community development. The first phases of the Village have recaptured $50 million for the local community, created 700 new jobs, and paid three consecutive full returns on investment to resident investors. It has also become a center for cultural celebrations and community events.
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| PRIs in the News
California HealthCare Foundation Launching New PRI Program
The Foundation's Innovations for the Underserved program is preparing for an early October launch of its new PRI program. The Foundation will make early-stage PRIs of up to $250,000 in medical and health care devices, technologies and services, and will consider additional funding of up to $3 million over the life of a project. Investments of five to seven years will support organizations and companies through a range of financial instruments, including recoverable grants, loans and equity investments. Having previously funded PRIs via an intermediary, the Foundation decided to launch its own program not only to recycle capital but to increase its impact. According to program director Margaret Laws, "The traditional grant model was insufficient to fully achieve our goal of encouraging sustainable innovation. This program complements our program goals and previous work, and expands our potential network of partners." |
You can learn more about PRIs at the following events:
September 29 - October 1, Blaine, Washington
October 11 - 13, Austin, Texas
October 13 - 15, Astoria, Oregon
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